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Your Rich BFF

Your Rich BFF

Күн бұрын

Пікірлер: 396
@ChRad
@ChRad Ай бұрын
Agreed, she is 100% right. Advice she’s giving is solid. Don’t listen to other people who try to scare you into clicking, most of the time they don’t know what they’re talking about. Sometimes the big drops are done by institutional investors to create buying opportunities for themselves. (I have 15 years experience in the market and 2 finance degrees.)
@bettertomorrow791
@bettertomorrow791 Ай бұрын
I have been investing over 20 years now. I rarely made any changes. I lost over $600K in 2022, but made over $1.1 mil over the last 18 months. Stay the course, the market will bounce back once the Fed starts lowering rates.
@ChRad
@ChRad Ай бұрын
@@bettertomorrow791 well done and congrats!
@dianaoliveros9853
@dianaoliveros9853 Ай бұрын
@ChRad @bettertomorrow791 are you able to provide any legit online or in person trading companies to learn investing from? I’m new and I would like to learn more. I went to an OTA 3 day course but at the end of the day their lowest package was $30k. Any suggestions are greatly appreciated!
@NSWvet83
@NSWvet83 Ай бұрын
No she isn't. It's a half truth
@applefarm6126
@applefarm6126 Ай бұрын
@@bettertomorrow791Amen! I’m so glad to hear God has blessed you with your wealth journey. God loves you brother. Romans 8:38-39.
@zoyacherkasova4125
@zoyacherkasova4125 Ай бұрын
This call vibration sound tripped me off 😁
@aellalee4767
@aellalee4767 14 күн бұрын
Same! I thought I was getting a call.
@raeannshinabarger875
@raeannshinabarger875 Ай бұрын
My philosophy is that it's all monopoly money until retirement. I pay attention, but I don't panic because retirement is still many [many 😢] decades away. I can weather a storm or two until then. (I'm also moderately aggressive in my picks. There are low lows, but there are also high rewards.)
@badmanpace7228
@badmanpace7228 Ай бұрын
High allocation to BTC and ETH I should hope
@sarajanewebster5321
@sarajanewebster5321 Ай бұрын
@@badmanpace7228lmao
@ColombianTraveler
@ColombianTraveler Ай бұрын
The dollar lost 20-25% of its value in 4 years and that doesn't scare you? Bless your heart.
@OnyxLynx6
@OnyxLynx6 13 күн бұрын
Just make sure to pivot to safer more conservative investments as you near your retirement milestones. My parents learned this the hard way in the ‘08 recession. They had to keep working through the Obama administration to get things back to where they needed to
@lawrencer8673
@lawrencer8673 28 күн бұрын
Big investors borrowed the Yen (Japanese currency) due to cheap interest rates & then invested that borrowed money into stocks ....interest rates have been very cheap in Japan for a long time & no one expected the interest rates to go up..which they did & caught people out who had to sell thier stocks because if the higher interest rate.
@ChristopherAbelman
@ChristopherAbelman Ай бұрын
Agreed that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance
@JosephineKenney
@JosephineKenney Ай бұрын
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
@FinnBraylon
@FinnBraylon Ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@HildaBennet
@HildaBennet Ай бұрын
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I'm in dire need for one.
@FinnBraylon
@FinnBraylon Ай бұрын
Sonya Lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@HildaBennet
@HildaBennet Ай бұрын
Thank you for the lead. I searched her up, and I have sent her an emaiil. I hope she gets back to me soon.
@g.henson5941
@g.henson5941 Ай бұрын
My heart drop today when I saw my little $$$ keep dropping- I only have 3k but having hope Rich BFF❤
@ericl29
@ericl29 Ай бұрын
I've been there. Don't look at your investments unless you absolutely need to. Stay in for the long term and you will win!
@sarai5000
@sarai5000 Ай бұрын
Hang in there and don't put emotions on those numbers. If you can, put more money when markets are down. Keep your long term goals in mind
@anarchy1090
@anarchy1090 Ай бұрын
I made the mistake of selling stock during a downturn. Decided the market wasn’t for me.. sure enough I check out the stock and it was back to all time highs. This is a long term game. When stocks are low, that’s an opportunity to buy.
@sarajanewebster5321
@sarajanewebster5321 Ай бұрын
It’s a marathon, not a sprint
@Top10soon
@Top10soon Ай бұрын
Mine dropped 50grand.. its slowly recovering though. NOT SELLING YET
@paul01burns
@paul01burns Ай бұрын
Stocks are on sale!!!
@matthewm9261
@matthewm9261 Ай бұрын
Stocks always go up. Even if they fall the plunge protection team will save the day
@sarajanewebster5321
@sarajanewebster5321 Ай бұрын
That’s the right attitude! Who wants to buy high and sell low 😂
@ineedhoez
@ineedhoez Ай бұрын
That is what I saw! I copped me a little extra something.
@homes4cashma450
@homes4cashma450 Ай бұрын
What are the 10 best investment dates?
@Dsgn7
@Dsgn7 Ай бұрын
"fed daddy" 🤣🤣🤣
@ibrokethefunny
@ibrokethefunny Ай бұрын
That should be merch.
@saininj
@saininj Ай бұрын
Definitely not worried because I built an emergency savings over the past 4 years, but y'all stay safe.
@aking1196
@aking1196 Ай бұрын
Congrats! 4 years is impressive!
@Uncutkid23
@Uncutkid23 Ай бұрын
Hope it’s gold or guns.. bc $$$ will be worthless.
@Erick_Chen
@Erick_Chen Ай бұрын
Buy the dip !
@jeanp.5929
@jeanp.5929 Ай бұрын
hopefully it keeps on dipping some more before it shoots back up.
@opulentElephant11
@opulentElephant11 Ай бұрын
Vanguard send out a letter stating they cannot guarantee investments and that you could lose everything. Additionally today there was a massive sell off and people like Buffet have been selling off stocks or doing buy backs like crazy. Let us not forget many people lost everything in 2008 and where we are headed is potentially even worse…
@walterAnders
@walterAnders Ай бұрын
Like Warren says when everyone gets fearful and sells I'm buying that's when everything's cheaper
@BinkyKim
@BinkyKim Ай бұрын
great information, perhaps you could move the subtitles up a little because the title placing is also aligning with it!! as always, great video❤
@tracysills257
@tracysills257 Ай бұрын
Of course she tells you that. What else is she supposed to say? See, if everyone sells or pulls out en mass, the whole house of cards BLOWS UP
@hrg818
@hrg818 4 күн бұрын
face expressions at the start got me on the floor😭😭😂😂
@williamcabrol1222
@williamcabrol1222 Ай бұрын
Thanks! I can remember “time in the market beats timing the market.”
@cpatrick8168
@cpatrick8168 Ай бұрын
You’re right about the increase overall for the year, I noted that also. I only buy on payday which is not now, I have lost some money because of this dip but nothing is permanent. I expect gains by the end of 2024 regardless of the current dip.
@danmartens8855
@danmartens8855 Ай бұрын
Why doesn't she even question the ludicrous fiscal policy that puts enormous strain on the capital markets forcing the second ludicrous policy of gratuitously inflating the currency?
@bird718
@bird718 Ай бұрын
thats why warren buffet sold a ton of stock to go liquid and buy back on the dip
@ransonhall4834
@ransonhall4834 Ай бұрын
I agree with everything you said about long term investing, but this isn’t a normal decline. The system is broken.
@LyndaMarieRoy
@LyndaMarieRoy Ай бұрын
What are the 10 best days to invest?
@gragnaktube
@gragnaktube Ай бұрын
nobody knows, so I just hold assets all year
@shrutipandey8696
@shrutipandey8696 Ай бұрын
@@gragnaktube Love this strategy!
@ARCmyriad
@ARCmyriad 20 күн бұрын
@@gragnaktubenobody can predict the future but people love to make you think they can! Gotta diversify globally and rebalance. The market is efficient and nobody knows what the next 10% is gonna do in the market, but we know that the next 100% is up. Invest long term and don’t panic!
@kathiewlbr5716
@kathiewlbr5716 Ай бұрын
In „down“ times i just buy more for less money! Use this time to buy, folkes!
@slappy8941
@slappy8941 Ай бұрын
Bot
@gardenmedia1701
@gardenmedia1701 Ай бұрын
Omg i love it when you make these one lol. Kid you not the last time you made a video on stocks, i doubled my savings. Thanks yo! I know you dont talk on them often, but when you do...❤❤❤
@bykristenelaine
@bykristenelaine 6 күн бұрын
100% BEST ADVICE! Love it sis 🙌🙏💰
@adriennetravels
@adriennetravels Ай бұрын
Thank you for explaining
@Pokeinit1
@Pokeinit1 Ай бұрын
I usually follow the thought that you only loose money in the stock market if you sell. Most stocks will eventually bounce back. I'll just keep rolling over my dividends while the stocks are "on sale".
@rockybalboa2735
@rockybalboa2735 26 күн бұрын
You’re the best…and you’re right. Stay in the market. No one can time those 10 days a year…NO ONE! And the market is favorable 70% in its lifetime yearly.
@ariusmaximilian8291
@ariusmaximilian8291 Ай бұрын
Fed ALWAYS over-corrects. Buy when it is worth it, not “just keep investing”.
@master_of_grains1789
@master_of_grains1789 Ай бұрын
If you have to end every consultation you have with “this isn’t financial advice” just stop giving advice. You’re legally bound to your financial statements or you’re not when you’re certified.
@bridgeth7961
@bridgeth7961 Ай бұрын
2008 housing crashed. I told everyone I knew if you are not selling ignore it. Here we are housing prices are up. Ignore the noise unless for some reason you are forced to pay attention. But always continue to save what you can. I started with $25/month.
@NikeMikey101
@NikeMikey101 Ай бұрын
That's why I invest in real estate. A black swan event is scary and can't stomach losing 20-30% in a couple days
@explorster
@explorster Ай бұрын
Every thang she says is 100% correct.
@jupiteropera
@jupiteropera Ай бұрын
There are times when i feel like the market is just hyper responsive PR for American corporations. Barring major ACTUAL changes in market fundamentals, it's all just news/noise. I am breathing deeply and not checking my portfolio every day for now. For my peace.
@ONEOAKHOOKAH
@ONEOAKHOOKAH Ай бұрын
Im your wallstreet boyeeee i work for jeesh peesh meesh. Most people who invest should know this, that click bait on those other channels is for traders. But yeah you are right long term investment should be consistent.
@davidgarrison6038
@davidgarrison6038 Ай бұрын
Time in the market beats timing the market…I like that
@baMOBam08
@baMOBam08 Ай бұрын
This is the channel I've been looking for. Thank you!
@alwaysrockn2009
@alwaysrockn2009 7 күн бұрын
What are the ten best trading days?
@RKLIFE17
@RKLIFE17 28 күн бұрын
Definitely don’t stop investing however we should also recognize that the Fed is corrupt and this is no longer a scaleable model; these recessions will continue unless major changes in policy. (we need fiscally conservative policies in place)
@noondayshadow
@noondayshadow Ай бұрын
And this is why I still watch you. Tired of people crying wolf and telling others what they feel about the market. Charts and numbers matter
@dreenebadchk7464
@dreenebadchk7464 Ай бұрын
Congratulations Vivian. Wishing you t you all the best.
@marknighthunter3640
@marknighthunter3640 29 күн бұрын
What are the 10 best trading days ?? Also, I love your content. Keep up the great work 👍👍
@keepingjesusforever9490
@keepingjesusforever9490 Ай бұрын
Thank you. I have been thinking about this and agree that panic is a bad ingredient these days.
@georgegarcia8585
@georgegarcia8585 9 күн бұрын
Your awesome, I like your knowledge.
@shahidnyker2900
@shahidnyker2900 Ай бұрын
Love this video! The people who panic the most are the people who aren't investing
@tykko8899
@tykko8899 22 күн бұрын
Now i know why people love losing money, because I hold on to those huge losses as if it is my only child. I will always love you intel.
@bigjm3143
@bigjm3143 23 күн бұрын
It's on fire !!!! Invest everything you have 😊
@7wingsaseagles89
@7wingsaseagles89 Ай бұрын
It's knowing how to invest even when the market is down. JP Morgan said the best time to buy is when there's blood in the street.
@eddieyutub
@eddieyutub Ай бұрын
Can you sell all of your stock before the dip and then by low before the climb and how much tax do you have to pay if you wait several months for the dip or as long as you do it within the year you don’t have to worry about tax since you re invest
@cecelianeglia8069
@cecelianeglia8069 6 күн бұрын
What are the 10 best days to invest in the stock market?
@SimplicitytoInvesting
@SimplicitytoInvesting Ай бұрын
well it is because of japan..You are partly right but missed the major margin calls from japanese borrowers
@ZeroKOR1
@ZeroKOR1 Ай бұрын
Order of Investments should always be... 1) Cover all regular weekly/monthly expenses, 2) Pay off all high interest credit cards, 3) set aside a 6 month emergency fund preferably in Cash but metals, crypto, and short term bonds or money market accounts are not horrible, then 4) invest in long term markets, anything over 3-5 years. The problem is people jump straight to 4 and gamble the rent money. We saw it during covid, and we see it today.
@diamondbrightxxx7531
@diamondbrightxxx7531 Ай бұрын
Vivian, my rich BFF, do you have any suggestions on what to invest. I invested alot in Chinese stocks like NIO and I lost thousands. Now I just want to invest safely.
@_roseistrying
@_roseistrying 24 күн бұрын
im thinking about getting a retirement thingy through Fidelity Freedom Go, and to get the TDF with the Index fund. Does it matter when I should do it with the market the way that it is now?
@LifeOnEarthTogether
@LifeOnEarthTogether 3 күн бұрын
Home values need to plummet in order for the US economy to return to normal.
@farisabualshamat5997
@farisabualshamat5997 Ай бұрын
Finally someone speaking the truth !! They want to click so they buy it cheaper
@billcarruth8122
@billcarruth8122 Ай бұрын
She's mostly wrong on this. She missed the Japanese Yen carry trade news. The market tanking wasn't due to people pulling their money out willingly, it was triggered by margin calls.
@DrMegHaworth
@DrMegHaworth Ай бұрын
What are the 10 best days of the year to invest in the S&P 500?
@TheStrugglelsReal
@TheStrugglelsReal Ай бұрын
I responded to the downtrend by increasing my income percentage into my 401k by 4 more percent.
@Mrbrett1982
@Mrbrett1982 3 күн бұрын
Credit card debt is ridiculous right now. I don’t know if the average person is saving more.
@eulinkm2378
@eulinkm2378 Ай бұрын
Can anyone give me advice for a beginner on this? I'm broke and trying to make extra money. I know it's a gamble but I'm willing to learn! 🙏
@Mannyman2023
@Mannyman2023 Ай бұрын
A best gambler partner once told me that never listened to another gambler.😂
@nathanh5778
@nathanh5778 Ай бұрын
Time in the market is better than timing the market. Investing words to live by.
@adriansteele7023
@adriansteele7023 28 күн бұрын
How about the fed stop bailing the govt out instead of punishing us for their spending
@TheWorkofBeing
@TheWorkofBeing 29 күн бұрын
That’s right Vivian!
@goddessdivine88
@goddessdivine88 Ай бұрын
Thank you Vivian. I did panic and moved my TSP plan to government bonds. Do you think I should move my money back?
@hellyeahdude
@hellyeahdude Ай бұрын
Oh yeah the headlines were scary in 2007 too
@k.stewart
@k.stewart Ай бұрын
My grandfather gave his and my grandmother's savings to my aunt to invest years ago. One of them (im mot sure if it was my grandfather or my aunt) pulled it out in 2008 and my grandparents lost almost everything they put in.
@jawilliamsg
@jawilliamsg 29 күн бұрын
Thank you Vivian!
@MrLeecho
@MrLeecho Ай бұрын
Very well said…..best advice. Thanks
@ryanmundell3504
@ryanmundell3504 Ай бұрын
Yes but they are doing layoffs witch will decrease spending. It’s not the number that is concerning
@YuccaTrash79
@YuccaTrash79 Ай бұрын
Buying opportunity here!
@shhhhock
@shhhhock Ай бұрын
This.
@shaypope4732
@shaypope4732 Ай бұрын
Exactly
@michalakn
@michalakn Ай бұрын
The crash just started. After a 1 and a half year bull run. Its time for a end of year sell off
@praseedanair2406
@praseedanair2406 Ай бұрын
That photo of you on the terminal is insane!!! Damn
@geo641
@geo641 Ай бұрын
one of Vivian's best looks!
@bhriscannan2080
@bhriscannan2080 Ай бұрын
Stocks cant really fail. The Fed and their financial alchemy will always end up dropping the value of the dollar (which means stocks will keep going up).
@bouquetchocolatesandconfec77
@bouquetchocolatesandconfec77 Ай бұрын
Always Solid advice from you !!!
@kristinaellura9714
@kristinaellura9714 27 күн бұрын
Buy more, it all on sale 🎉
@bertschannel3795
@bertschannel3795 Ай бұрын
Help with getting started!
@rickamelara
@rickamelara Ай бұрын
How about you tell me which stocks to buy and when to sell them.
@KRTVAPES
@KRTVAPES Ай бұрын
Hahahahahaha I love how you lowkey make fun of all the fake influencers
@fawnbornstein8211
@fawnbornstein8211 Ай бұрын
Thank you for this information 🙏🏻🙏🏻🙏🏻
@quinlanal-aziz6155
@quinlanal-aziz6155 Ай бұрын
Time in the market doesn’t beat timing the market my pockets are so deep that I can remain solvent even at max leverage for way longer than the market can be irrational. I got that fed daddy money ya feel. Lemme take you out for coffee just passed my Series 7
@cporvaznik
@cporvaznik Ай бұрын
Is now the time to invest in stocks & if so wjat would ypu recommend?
@martinvotruba117
@martinvotruba117 Ай бұрын
The market is not crashing...it's just a temporary "sale" on your continued investment in the market.
@christophertaylor9100
@christophertaylor9100 Ай бұрын
I mean we've been in a recession for years...
@TrueIndie88
@TrueIndie88 Ай бұрын
Go all in!
@ElenordeGuzman
@ElenordeGuzman Ай бұрын
Yup my Roth 401k that I contributed every 10% every week kept on going down.
@angiecrocitto
@angiecrocitto Ай бұрын
What are some of the best stocks we might want to take advantage of investing in now?
@ancientbloodlineoflight
@ancientbloodlineoflight Ай бұрын
I wish people understood this, but they panic too much
@pimpinassassin323
@pimpinassassin323 Ай бұрын
Does it apply to options or just buy stocks
@alexayounginsong2641
@alexayounginsong2641 Ай бұрын
Oh, diamond ring!!!!! Can you do the same thing for what Warren is saying?
@BearBear2020
@BearBear2020 Ай бұрын
The eye twitch in the beginning, 😂
@TheRubikGames
@TheRubikGames Ай бұрын
Pulling out now atleast a small amount will still be good. Especially to get access to the 3000 capital losses and then anything else is a carry forward to next year. Or just set up an asset management tax loss harvesting account 🤷🏼‍♂️
@stirnomuigai1036
@stirnomuigai1036 Ай бұрын
The vibration call 😅
@mariex800
@mariex800 Ай бұрын
Oh no the sky was falling... Many did run for recovery & safety. I, on ther other hands, preferred to double time & ran promptly toward the opposit direction. The moral of the story line is that, you have high tide & low tide from the ocean. In high tide, you go treasure hunting scuba diving, in low tide, you go fishing, spearcrabbing, etc... It worked wonder.... :)
@StaceYLive
@StaceYLive Ай бұрын
i love!!!!!!!!!!!!!!! her voice
@cloudmaru
@cloudmaru Ай бұрын
🎯 shes keeping it 100
@canonedge
@canonedge 7 күн бұрын
That’s why the stock holders get prenups
@Somedumbdudeontheinternet
@Somedumbdudeontheinternet Ай бұрын
“The economy cooling a little fast” ….. that’s a recession
@istvanpraha
@istvanpraha Ай бұрын
I saw someone say it’s abysmal because “the market” is down 20’percent. Like….on no planet is that remotely true
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